$990,000
Description

Citrus Farm—224 Acres

Other - Belize

This 224 acre citrus farm is comprised of 2 side-by-side parcels (104 acres & 119 acres). Located just off the hummingbird Highway in the Belize district, near the boarders of Stann Creek and Cayo districts.

This property has direct road access. A highlight of the property are the stunning limestone hills and several creeks that are included within the property. The farm currently has 24,820 producing orange trees over 185 acres. Gross revenue this season was $185,000 US with costs at $74,000 US. This represents a net profit of approximately $111, 000 US from 40, 000 bushels and is expected to top off at 65,000 when trees are fully mature in the next 2 to 3 years. The new owner can expect his purchase price to be returned in 5 to 6 years. This is an outstanding opportunity to take over a successful turnkey business producing a generous 25% plus annual ROI.

Property Features
  • Other
  • Land is 224 acres

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